Blog 3

Don’t underestimate fraud

Summary:
In the year 2000 a TV presenter and real estate entrepreneur gets an amount of 800000euros from one of the main suspects.
Eight years ago the presenter of “business class” received 800000euros from one of the prime suspects of the fraud research. The Public Prosecutor thinks that Mens has send a fake invoice, he says that he hasn’t performed any utilities about the payment. He didn’t admit but he is involved with the building trade “Bouwfonds”. The other 2 suspects squealed on Mens and confessed that he extorted money from the ex-Chairman. The 2 suspects who were property developer, transferred the money to Mens under order of the prime suspect who’s the ex-director.
The Public Ministry investigated that there was a fraud with Construction fund and Philips Pension Fund. The broker from Lisse is convinced that Mens is involved. He claims that by referring to the construction Solaris. This is an office complex where the renovations were completed in 2002. This fraud has put the knife to the throat. The Justice will now investigate all the invoices for the previous ten years in the accused projects. They have found significant evidence showing that many people are involved. It is about criminal activities such as tax fraud, forgery, bribery and fraud.

My opinion:
A fraud of this proportion with such important companies involved is surprising. The real question is: doesn’t anybody control this? The fiscal law is strict and has high punishments. But there are still companies how try fraud. It is good that justice is know investigating the case. But it will be difficult to investigate the invoices of ten years. It looks like a difficult case with different matters such as bribery, fraud…
To prevent such things in the future new laws have to come or the existing laws have to controlled better. There are lot of options to prevent fraud such as better punishments, new laws, better controlling departments…

Link:
http://www.nieuwsblad.be/article/detail.aspx?articleid=DMF20091218_007

Selim Karadag 2rp2